The S&P/TSX Composite index rose 0.9 per cent for the trading week ending with Friday’s close and is now 20.7 per cent higher for 2025. The benchmark’s Relative Strength Index (RSI) of 77 puts it well into overbought, technically vulnerable territory and well above the RSI sell signal of 70.

The are three attractively oversold index constituents with RSIs below the buy signal of 30. Boralex Inc. is the most oversold stock with Empire Co. Ltd. and ARC Resources Ltd. close behind.

The list of overbought index stocks remains large at 34 members. The five most overbought companies are OR Royalties Inc., IAMGOLD Corp., Oceanagold Corp, Eldorado Gold Corp. and SSR Mining Inc.

There are 20 index stocks showing strong price momentum by hitting new 52-week highs and they are ranked by market capitalization in one of the tables below. The largest stocks making new highs are Toronto-Dominion Bank, Enbridge Inc., TC Energy Corp., Kinross Gold Corp. and First Quantum Minerals Ltd.

There are no benchmark constituents making new lows.